Stourbridge Road, Fairfield, Bromsgrove, B61

Street Guide For Stourbridge Road, Fairfield, Bromsgrove, B61

 
 

Stourbridge Road, Fairfield, Bromsgrove, B61 Map

Estimated Price: £334,993
Average Asking Price: £270,641
Price change in last one year: £18,121
Average Price Paid: £268,496
Average Rent Rates: £701

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE

Free House valuation

 

Property Prices Breakdown in Stourbridge Road, Fairfield, Bromsgrove, B61

Average Price for property in Stourbridge Road, Fairfield, Bromsgrove, B61 is around £334,993 which varies based on type of property you are interested in and ranges from £408,395 for detached house to around £250,085 for semi-detached. Similarly terraced house is around £187,659. Values have been changing and have risen £178 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,155 in last 6 months, £18,121 in last 1 year, £32,555 in last 2 years, £32,518 in last 3 years, £29,020 in last 4 years and £31,208 in last 5 years.

Currently average asking price of a property in Stourbridge Road, Fairfield, Bromsgrove, B61 is around £270,641 based on approximately 1 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £701 per month.

Estimated property value in Stourbridge Road, Fairfield, Bromsgrove, B61 is £334,993. Average asking price is £270,641 while average price paid is £438,000 which is up by £18,121 and Avg. asking rent £701.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Stourbridge Road, Fairfield, Bromsgrove, B61 area. In last 1 year alone average price buyer paid is around £438,000 based on approximately 1 sales in Stourbridge Road, Fairfield, Bromsgrove, B61 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £341,800. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £268,496 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £284,397 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £92,500, £168,823 for a 2 bedroom house, £228,900 for a 3 bedroom house, £332,789 for a 4 bedroom house and £519,989 for a 5 bedroom house. For a flat similarly the prices varies from £91,850 for a single bedroom to £126,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Stourbridge Road, Fairfield, Bromsgrove, B61 it comes to around average £92,067 for 1 bedroom property, £160,794 for 2 bedroom, £228,900 for 3 bedroom, £332,789 for 4 bedroom and £519,989 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £529 for 1 bedroom to £646 for 2 bedrooms, £729 for 3 bedrooms, £1,348 for 4 bedrooms and £1,824 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £484. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £613 and £576 for 3 bedroom. You should be generally be expecting around average £499 rent per month for single bedroom property, £629 for 2 bedroom, £698 for 3 bedroom, £1,348 for 4 bedroom and approximately £1,824 for a 5 bedroom property in Stourbridge Road, Fairfield, Bromsgrove, B61 area.

Popular Houses in Stourbridge Road, Fairfield, Bromsgrove, B61

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Stourbridge Road, Fairfield, Bromsgrove, B61